Rising protectionism threatens global trade and hurts developing countries.
The article discusses how developed countries are becoming more protective of their economies, which affects developing countries. This protectionism can limit the export potential of products from developing countries and disrupt international trade. The authors explain why protectionism is rising, how it impacts both developed and developing nations, and suggest ways forward. Overall, rising protectionism harms economies, goes against free trade agreements, and distorts the natural advantages of different countries.